The Story of a Grateful Employee
Revathi A-Davidson supports Presbyterian through an endowed fund out of gratitude.
Revathi A-Davidson rose through the ranks at Presbyterian Healthcare Services, retiring as a senior leader in 2013 after a 34-year career.
Revathi's devotion to Presbyterian has motivated her to make charitable gifts in retirement and beyond. She calls this "my time to give back" out of gratitude for a meaningful career.
She created an endowed, or permanent, fund to support Presbyterian employees in difficult times. A percentage of the annual income from her fund will support the Presbyterian Employee Care Fund program, which helps employees facing an unexpected or catastrophic financial hardship because of environmental disasters, such as a fire or flood, and other circumstances. In 2013, 76 employees received financial support totaling $85,492 thanks to contributions from Revathi and Presbyterian staff.
Revathi is directing proceeds from an IRA over a number of years to create her endowed fund. Because retirement plan assets are subject to income tax, they make ideal charitable gifts. To help even more employees, Revathi and her husband, Russ, are directing additional support—a portion of the proceeds from a trust—to their endowed fund after their time.
By virtue of their generous lifetime support and estate commitment, Revathi and Russ are members of Presbyterian Healthcare Foundation's Luminary Circle program. Any combination of lifetime and estate gifts totaling $50,000 or more qualifies you and your spouse for the program, which provides special amenities and 24/7 assistance.